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455 Glenncrest Dr, Solana Beach, California 92075, Solana Beach, 92075 - 3 bed, 2 bath

455 Glenncrest Dr, Solana Beach, California 92075 home-pic-0
ACTIVE$3,499,999
455 Glenncrest Dr, Solana Beach, California 92075
3Beds
2Baths
1,800Sqft
Lot
Year Built
1950
Close
-
List price
$3.5M
Original List price
$3.75M
Price/Sqft
$1,944
HOA
-
Days on market
-
Sold On
-
MLS number
250035370SD
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.50M(78th), sqft - 1800(31th), beds - 3(47th), baths - 2(50th).

$250,000 PRICE DROP! Beautiful Farm style Solana Beach property with south facing ocean views of La Jolla Cove in highly sought-after neighborhood off Lomas Santa Fe with private lane off Glencrest Dr. Home is engulfed on 1/2 an acre of tropical luscious towering trees & foliage creating a private sanctuary backyard. Current home is turn key beautiful 3 bedroom, 2 bath remodeled single-level home w/coastal feel offers an open floor plan w/original cedar vaulted ceilings in family area & gas fireplaces inside &out. Attached garage, large driveway & side yard offer plenty of parking/ will accommodate an RV or ADU potential. Home also comes with APPROVED and payed for permits & plans by City of Solana Beach & Coastal Commission to add on 765 sqft 2nd story master bed/bath+balcony. Additional 172 sqft stairway+laundry room. 45 sq ft Rooftop deck, larger garage w/game room option & 500 sqft lanai veranda for full indoor outdoor modern living. (see 3D renderings of architectural designs). Home has been an AirBnB, VRBO rental w/approximate rental income of 170k (2023) $216k (2024). P&L's available on request should buyer be interested in continuing this rental business. West of 1-5, only minutes to major beautiful beaches, freeways, shopping centers, Coaster/Amtrack, Cedros Design District, Racetrack, & Del Mar fairgrounds. Excellent Public Schools: Solana Vista, Skyline (walking distance), Earl Warren (walking distance) & Torrey Pines High School.

Price History

Date
Event
Price
11/05/25
Price Change
$3,499,999-6.7%
08/03/25
Listing
$3,750,000
Condition Rating
Excellent
Despite being built in 1950, this property has undergone a comprehensive and recent renovation, as evidenced by the 'turn key beautiful' description and the modern aesthetics throughout the images. The kitchen features contemporary shaker cabinetry, solid surface countertops, subway tile backsplash, and stainless steel appliances that appear virtually new. Both bathrooms are fully updated with modern floating vanities, integrated sinks, contemporary fixtures, and stylish tiling. Flooring is consistent wood-look throughout living areas and bedrooms, with modern tile in bathrooms. Light fixtures are updated, and the presence of solar panels indicates recent system upgrades. All visible components meet current quality standards with no signs of deferred maintenance, aligning with an 'excellent' condition score for a recently renovated property.
Pros & Cons

Pros

Approved Expansion Plans: The property comes with pre-approved and paid permits from the City of Solana Beach and Coastal Commission for a significant 765 sqft 2nd-story addition, rooftop deck, and lanai, de-risking future development and maximizing potential.
Proven Income-Generating Asset: Established history as a high-earning AirBnB/VRBO rental, generating approximately $170k (2023) and projected $216k (2024), offering immediate investment and income potential.
Prime Solana Beach Location: Highly sought-after neighborhood west of I-5, offering excellent public schools (many within walking distance), and close proximity to beaches, freeways, shopping, and entertainment districts.
Ocean Views & Private Lot: Features south-facing ocean views of La Jolla Cove and is situated on a private half-acre lot with lush tropical foliage, creating a secluded sanctuary.
Remodeled & Turn-Key Current Home: The existing 3-bedroom, 2-bath single-level home is beautifully remodeled with a coastal feel, open floor plan, original cedar vaulted ceilings, and indoor/outdoor gas fireplaces.

Cons

Original Construction Age: Built in 1950, the property's original structure is over 70 years old, which may lead to unforeseen maintenance or system upgrades despite recent remodels.
Additional Investment for Full Potential: While expansion plans are approved, realizing the property's full potential (larger home, rooftop deck, lanai) requires substantial additional construction investment beyond the purchase price.
High Price Point: Despite a recent $250,000 price drop, the property's list price of nearly $3.5M represents a significant investment, potentially limiting the pool of prospective buyers.

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